Q2 2024 Ultrapar Participacoes SA Earnings Call Transcript
UGP Stock | USD 3.05 0.09 3.04% |
Slightly above 55% of Ultrapar Participacoes' retail investors are presently thinking to get in. The analysis of overall sentiment of trading Ultrapar Participacoes SA stock suggests that some investors are interested at this time. Ultrapar Participacoes' investing sentiment overview a quick insight into current market opportunities from investing in Ultrapar Participacoes SA. Many technical investors use Ultrapar Participacoes stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Ultrapar |
Aug 08, 2024 0200PM GMTOperator Good morning. Thank you for waiting. Welcome, everyone, to Ultrapars second quarter 24 results conference call. technical
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Ultrapar Participacoes Fundamental Analysis
We analyze Ultrapar Participacoes' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ultrapar Participacoes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ultrapar Participacoes based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Ultrapar Participacoes is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Ultrapar Participacoes Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ultrapar Participacoes stock to make a market-neutral strategy. Peer analysis of Ultrapar Participacoes could also be used in its relative valuation, which is a method of valuing Ultrapar Participacoes by comparing valuation metrics with similar companies.
Peers
Ultrapar Participacoes Related Equities
SUN | Sunoco LP | 0.97 | ||||
DKL | Delek Logistics | 0.96 | ||||
CAPL | Crossamerica Partners | 0.56 | ||||
CSAN | Cosan SA | 0.31 | ||||
PARR | Par Pacific | 0.18 | ||||
NTOIF | Neste Oyj | 0.00 | ||||
DINO | HF Sinclair | 0.48 | ||||
SGU | Star Gas | 2.04 | ||||
VVV | Valvoline | 2.16 | ||||
DK | Delek Energy | 2.17 |
Additional Tools for Ultrapar Stock Analysis
When running Ultrapar Participacoes' price analysis, check to measure Ultrapar Participacoes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ultrapar Participacoes is operating at the current time. Most of Ultrapar Participacoes' value examination focuses on studying past and present price action to predict the probability of Ultrapar Participacoes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultrapar Participacoes' price. Additionally, you may evaluate how the addition of Ultrapar Participacoes to your portfolios can decrease your overall portfolio volatility.